SEASON 1 · EPISODE 12 · 22:16
Episode 9 - Danske Bank: The bond loop and the intermediaries
Ray Blake & Graham Barrow · 31 March 2019
Episode notes
In 2013 Danske Bank executives started to examine,rather more critically, the lucrative bond sale business in Estonia. We look at the reporting and decision making process at the start of that journey and wonder whether, in hindsight, they might have chosen to have done things differently. We also discus the risks of doing business with unregulated intermediaries (HINT: They are very high!).
The ultimate outcome of those initial investigations is really rather surprising.
11 August 2026 · 27:18
In this episode we couldn't resist a deep dive into the recent UBS fine by four (yes, four) US regulators and what that means for anyone working in the Financial Crime Compliance space
9 June 2026 · 15:48
We take a look at the effect of human behaviour on our ability to stop criminals gaining access to the financial system and why that system is more likely to produce comprehensive documents than effective detection.
10 March 2026 · 21:44
Ten years after the creation of the Office of Financial Sanctions Implementation, we look at how the UK sanctions regime has evolved—from early uncertainty to strict liability enforcement, sanctions list complexity, and …
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